MUTIARA PERDANA in Barat Daya, Penang recorded 20 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 341.
This area contains both residential and commercial properties. View 64 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 240K, with most transactions falling within a stable range of RM 170K to RM 310K, and a typical market range of RM 162K to RM 318K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
The median PSF stands at RM 341, with core pricing between RM 300 and RM 382. Market pricing typically extends from RM 300.50 to RM 381.50, reflecting moderate variation in unit pricing. With an IQR of RM 81.00 and MAD of RM 41, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
